Cement News tagged under: western Europe

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HeidelbergCement's announces dividend and new appointments at AGM

13 May 2022, Published under Cement News

HeidelbergCement held its 133rd Annual General Meeting on Thursday 12 May 2022 in virtual form announcing  that f or the 2021 financial year, the shareholders will receive a dividend of EUR2.40 per share (previous year: EUR2.20). Total distribution amounts to around EUR458m. The dividend will be paid on 17 May 2022.    Dr Dominik von Achten, chairman of the Managing Board, said with regard to the previous financial year: "2021 was a very good year for HeidelbergCement. We achieved ex...

Robust demand and pricing support 23% revenue advance for Titan in 1Q22

12 May 2022, Published under Cement News

Titan Cement International SA has announced a 22.6 per cent YoY increase in revenue to EUR454.6m in the opening quarter of 2022. This has been attributed to strong pricing across all products and countries, and resilient demand. EBITDA over the same period came in at EUR46.4m, down 17.3 per cent YoY as the phasing in of higher prices only gradually absorbed the increase in energy and input costs. According to the company, further price increases have already been announced in most markets ...

HeidelbergCement reports on a difficult 1Q22

12 May 2022, Published under Cement News

HeidelbergCement recorded sales volumes in most business lines around the same level of the previous year in the 1Q22. At 28.4Mt (previous year: 28.4Mt), group-wide cement and clinker sales volumes remained at the previous year’s level. The consolidation-related decline in sales volumes in North America resulting from the sale of the group's activities in the west region in October 2021 was offset by the growth in sales volumes in the other group areas. Excluding consolidation effects, cem...

Carbon Clean raises US$150m in latest round of funding

12 May 2022, Published under Cement News

Carbon Clean has closed the largest-ever equity funding round for a point source carbon capture company with US$150m raised from existing investor Chevron. Chevron led the round alongside Cemex Ventures, Marubeni Corp and WAVE Equity Partners, as well as new investors, including AXA IM Alts, Samsung Ventures, Saudi Aramco Energy Ventures and TC Energy.   So far, Carbon Clean has raised US$195m, having closed its US$30m Series B investment round in August last year. This new funding will h...

Minister thanks by Spanish industry for energy auction agreement

12 May 2022, Published under Cement News

Teresa Ribera, Spain’s third vice president and minister for the ecological transition and the demographic challenge, has been personally thanked for her efforts and commitment in achieving a mechanism for energy auctions that has been agreed with the European Commission. The Alliance for the Competitiveness of Spanish Industry, made up of ANFAC (automotive), AOP (refining), ASPAPEL (paper), FEIQUE (chemicals and pharmaceuticals), FIAB (food and beverages), OFICEMEN (cement) and UNESID (s...

GCCA starts open challenge race to net zero for six start-ups

10 May 2022, Published under Cement News

The Global Cement and Concrete Association (GCCA) has revealed the first six start-ups that will be backed by its member companies as part of the first Innovandi ‘Open Challenge’ in the race to ‘net zero’ by 2050.  The six start-ups, which were chosen from more than 100 entrants to the Open Challenge, hail from the USA, Canada, UK, Italy and the Netherlands. They have joined forces with world-leading cement companies to help drive further innovation in the industry and will each form part...

Lhoist partner with Air Liquide for Carbon capture project

10 May 2022, Published under Cement News

Lhiost is partnering with Air Liquide to launch a first-of-its-kind decarbonisation project of lime production in France. As part of this project, Air Liquide would build and operate a Cryocap™ FG (Flue Gas) unit to capture and purify 95 per cent of the CO 2 arising from Lhoist’s production unit in Réty. Lhoist will be able to reduce the CO 2 emissions of the plant by more than 600,000tpa starting in 2028 (equivalent to the annual emissions of ~ 55,000 households in France). This partne...

SAMSON Materials Handling secures Eco Hopper order

09 May 2022, Published under Cement News

SAMSON Materials Handling has won an Eco Hopper order for handling cement clinker, limestone, coal and pellets to be installed at the port of Slite, Gotland, Sweden.   The SAMSON Eco Hopper will be suitably designed to unload materials at the quay area via crane grabs. The Eco Hopper will then discharge direct to trucks via a telescopic chute. Under normal operating conditions and based on client’s grab sizes and cycle time, will achieve a peak discharging rate of: • 353tph based on c...

Cementir's 1Q22 regional results boosted by domestic cement sales

09 May 2022, Published under Cement News

In the1Q22 Cementir’s regional revenues were boosted by Danish sales that reached EUR109m, up 17.7 per cent compared to EUR92.6m in the 1Q21, thanks to sustained demand in all business activities and the increase of sales prices, said Cementir. Cement volumes on the domestic market, both grey and white, increased by around 20 per cent due to growth in all the main market segments, due to favourable weather conditions and the start of new infrastructure projects. Exports of white cement,...

Cementir reported 1Q22 EBITDA of EUR60.7m

06 May 2022, Published under Cement News

Cementir 's EBITDA amounted to EUR60.7m in the 1Q22, an increase of 26.2 per cent compared to EUR48.1m in the 1Q21, following better results achieved to varying degrees in almost all the regions driven to a large extent by the revenue increase as described above. In the first three months of 2022, cement and clinker sales volumes of 2.4Mt were up 1.8 per cent compared to 2021. The increase is attributable to the positive performance of Belgium, Denmark and the United States despite the dec...